WPP Plc's (WPPGY, WPP.L) wholly-owned operating company, Ogilvy & Mather, has reached an agreement to acquire a stake in Today Advertising, an advertising agency in Myanmar. Also, WPP said this investment continues its strategy of developing its services in fast-growing and important markets and sectors and brings the total number of countries in which the Group operates to 108.
WPP's businesses in the Asia Pacific region currently generate revenues of more than $4 billion, including associates, and employ nearly 42,000 people, contributing to Group revenues of over $16 billion, including associates, and total employees of over 158,000. Yangon-based Today Advertising employs 60 people.
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